Recently, Bitcoin and Ethereum have continued to pull back, while altcoins are dragging down, even with bear market prices. Many people have been liquidated, and many have lost everything, but some have fought back! Recently, only a few new coins are relatively strong, such as Usual Move and a few others! Below is my view on the current market situation!
1: Select a few mainstream currencies to place low orders with a bullish outlook (small amounts), and choose several, don’t stick to just 1 or 2 coins!
2: Select 1 or 2 from each sector to diversify, for example, new coins like Velodrome, Vana, and old coins like Link, Uni, Mask, etc., meme coins like Doge, Pepe, etc., to place low orders with a bullish outlook.
3: For new coins that are rising sharply, if the overall market recovers, you can directly place high orders for short positions, suitable for left-side trading players!
4: The more it drops, the less you should fear, don’t exhaust your bullets each time, play with limit orders!
5: Before sleeping, try to close out major positions, as there are often tornadoes in the late night!
The above does not constitute investment advice!
